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remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. . >>> happening now, a prank on the british royals takes a deadly turn. >>> sensitive secret service files left on a train. the stunning security breach. >>> and david axlerod takes it off, and challenges ool politician to do the same. >>> the radio djs behind a brprk on the british royals have blood on their hand. >> the nurse that first took the call at the hospital has apparently committed suicide. here is what the hospital is saying. >> we can confirm that she was recently the victim of a hoax call to the hospital. the hospital had been supporting here through this very difficult time. she was a first class nurse who cared for hundreds of patients during her time with us. everyone is shock and loss of a loved colleague. >
remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. . >>> happening now, a prank on the british royals takes a deadly turn. >>> sensitive secret service files left on a train. the...
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the amount of present value of unfunded future medicare, medicaid, and government pension liabilities is $87 trillion. that $87 trillion is greater than the net worth of the $63 trillion net worth of the united states. that number grew by $7 trillion. any accountant would have to say the u.s. is not a going concern. these debts are being hidden, not being reported. and i don't understand why. >> well, charles, you always get me thinking. maybe i don't agree with everything you say, but today i think i pretty much agree with a lot of it. thank you for being our guest. carl, back to you. >> all right. rick, thanks so much. in a job market that seems to be stabilizing, there are industries that still can't find the workers they need. we're highlighting two of those industries and finding out why businesses are so desperate to hire right after the break. ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop
the amount of present value of unfunded future medicare, medicaid, and government pension liabilities is $87 trillion. that $87 trillion is greater than the net worth of the $63 trillion net worth of the united states. that number grew by $7 trillion. any accountant would have to say the u.s. is not a going concern. these debts are being hidden, not being reported. and i don't understand why. >> well, charles, you always get me thinking. maybe i don't agree with everything you say, but...
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like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. >> steve: time for news by the numbers on this friday. first, 26% that. is what the jobless rate in greece soared to in september. 26%! the country defeating spain to win the highest unemployment rate in europe. congratulations. not. next, $2 billion. that's how much a cable box cost when it's not even on. they continue to run using up electricity. the worst offenders, dvr's. that's $2 billion across the country. not just at your house. and finally, $5,000. that's the christmas bonus being handed to employees at publisher random house. they can thank this year's best seller "50 shades of gray" and $55,000 for christmas bonus. gretch, over to you and a couple of special guests. >> gretchen: this next story
like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. >> steve: time for news by the numbers on this friday. first, 26% that. is what the jobless rate in greece...
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let's keep medicare... and social security strong for generations to come. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. but when i was in an accident... live the regular life. i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. tdd#: 1-800-345-2550 you know, the one that's been lying around. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 rollover your old 401(k) to a schwab ira, and we'll help you t
let's keep medicare... and social security strong for generations to come. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health...
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like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. let's see if we can get the same item at walmart for less? okay. fijit friends. fifteen bucks on rollback. wow! that's a savings of over 29 bucks! twenty-nine bucks!!?? and they're powered by friendship. see for yourself if you could save on the brands you want. walmart. >>> leon panetta issued another stern warning to syria's president against using chemical weapons on his own people. the syrian military has loaded precursor materials into bombs is is awaiting final orders from president assad to use it on the people. one offic
like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and...
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so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus, there are no networks, and you never need a referral. see why millions of people have already enrolled in the only medicare supplement insurance plans endorsed by aarp. don't wait. call now. let's see if we can get the same item at walmart for less? okay. fijit friends. fifteen bucks on rollback. wow! that's a savings of over 29 bucks! twenty-nine bucks!!?? and they're powered by friendship. see for yourself if you
so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it could save you thousands in out-of-pocket costs. call now to request your...
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medicare was put in place in 1965. the average person lives right at five years longer now than they did -- who reaches 65 lives five years longer now than they did in 1965. that of course has a big impact on all of the projections as to how this program would work in 1965 when it was put in place. and we need to look at that. that's why erskine bowles said just last week -- the former chief of staff for president clinton -- "democrats must move on entitlements and a cliff deal. he said we're going to have to reduce the cost of entitlement programs. senator conrad, the chairman of the budget committee, said we need, we absolutely need to enact fundamental reform in our entitlement programs. he was warning that social security is -- quote -- "headed for insolvency" and senator durbin said ignoring entitlement reform is not a responsible approach. to be sure these programs last, and this is a good time to look at both revenue and spending and surely in a senate that works like the senate should work, we can find out how
medicare was put in place in 1965. the average person lives right at five years longer now than they did -- who reaches 65 lives five years longer now than they did in 1965. that of course has a big impact on all of the projections as to how this program would work in 1965 when it was put in place. and we need to look at that. that's why erskine bowles said just last week -- the former chief of staff for president clinton -- "democrats must move on entitlements and a cliff deal. he said...
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like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ] antacids don't relieve gas. gas-x is designed to relieve gas. gas-x. the gas xperts. let's see if we can get the same item at walmart for less? okay. fijit friends. fifteen bucks on rollback. wow! that's a savings of over 29 bucks! twenty-nine bucks!!?? and they're powered by friendship. see for yourself if you could save on the brands you want. walmart. >>> okay. welcome back, everybody. with 26 days to go until the count
like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and...
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if you're medicare eligible, call now... and talk to unitedhealthcare about our plans, like aarp medicarecomplete. let's get you on the right path. call today. ♪ hi, i'm ensure clear... clear, huh? i'm not juice or fancy water. i've got nine grams of protein. that's three times more than me! [ female announcer ] ensure clear. nine grams protein. zero fat. in blueberry/pomegranate and peach. [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. >>> it pays to be happy. according to a new study, people who have a happy childhood are more likely to be wealthy in adulthood compared to those who are unhappy as children. researchers say the study helps show the value of having a happy childhood. >> the egyptian military has deployed tanks outside the presidential palace in cairo following a night of violent cl
if you're medicare eligible, call now... and talk to unitedhealthcare about our plans, like aarp medicarecomplete. let's get you on the right path. call today. ♪ hi, i'm ensure clear... clear, huh? i'm not juice or fancy water. i've got nine grams of protein. that's three times more than me! [ female announcer ] ensure clear. nine grams protein. zero fat. in blueberry/pomegranate and peach. [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's...
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remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. this is another! ta-daa! try charmin ultra strong. it cleans so well and you can use up to four times less than the leading value brand. oh! there it is. thanks son. hey! [ female announcer ] charmin ultra strong has a duraclean texture that can help you get clean while still using less. and it's four times stronger versus the leading value brand. charmin ultra strong helps keep you and your underwear clean. we all go. why not enjoy the go with charmin ultra strong? leigh back to the looming fiscal cliff we are 26th, i like to say 25 days, right? no, no. 26 days from the brink now. let's bring in the gaggle. msnbc analyst former rnc chairman michael steele. from the associated press the one and only and welcome to you all. mi
remember, all medicare supplement insurance plans help cover what medicare doesn't pay. and could save you thousands a year in out-of-pocket costs. call now to request your free decision guide. and learn more about the kinds of plans that will be here for you now -- and down the road. i have a lifetime of experience. so i know how important that is. this is another! ta-daa! try charmin ultra strong. it cleans so well and you can use up to four times less than the leading value brand. oh! there...
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such as on medicare and social security where republicans want to cut social security benefits and medicare benefits. we disagree with that. let's do this. this is common sense. let's at least pass tax cuts for up to the first $250,000. we can go back to washington tomorrow and do that. give middle class families the certainty they need so they can do their holiday shopping knowing how much is going to be in their paychecks in january. washington needs to learn to pass what it can agree on and we all agree on tax cuts for the first 250. >> let's talk about possible tax hikes on middle class americans because timothy geithner in an interview with cnbc says the obama administration is willing and prepared to go off the fiscal cliff unless republicans agree to raising taxes on the wealthiest americans. i'm not sure that many middle class americans really want to hear that kind of language. should timothy geithner have said that? >> i think secretary geithner's point is that any ultimate deal has to be balanced and republicans continue to say just cut, cut entitlements, cut retirement, cut soci
such as on medicare and social security where republicans want to cut social security benefits and medicare benefits. we disagree with that. let's do this. this is common sense. let's at least pass tax cuts for up to the first $250,000. we can go back to washington tomorrow and do that. give middle class families the certainty they need so they can do their holiday shopping knowing how much is going to be in their paychecks in january. washington needs to learn to pass what it can agree on and...
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visit medicare.gov or call 1-800-medicare. >>> back now at 8:19. a woman recovering from a heartbreaking holiday tragedy. last year on christmas morning, a house fire claimed the lives of madonna badger's three young daughters, lily, sarah, and grace as well as her parents. when i spoke with her six months ago, she was in the throes of enormous and unimaginable grief. this morning, madonna is with us to talk about how she's doing now. it's great to see you. it's nice to see you smiling a little bit. how are you doing? >> i'm doing really well. i'm shocked that i'm doing okay. but i'm doing really well. >> last time i talked to you, you said when you smiled or when you laughed you immediately felt guilty. >> yes. >> do you still feel that way? >> no, i don't feel that way. i mostly don't feel that way because when i do feel happy, when i do feel joyful, it's when i can feel the presence of my children and my mom and dad the most. >> i want to talk to you about that. because in talking to our producers and you talking to them over the last couple of
visit medicare.gov or call 1-800-medicare. >>> back now at 8:19. a woman recovering from a heartbreaking holiday tragedy. last year on christmas morning, a house fire claimed the lives of madonna badger's three young daughters, lily, sarah, and grace as well as her parents. when i spoke with her six months ago, she was in the throes of enormous and unimaginable grief. this morning, madonna is with us to talk about how she's doing now. it's great to see you. it's nice to see you smiling...
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covered by 90% of insurance plans, including medicare. find your co-pay at myflexpen.com. [ female announcer ] holiday cookies are a big job. everything has to be just right. perfection is in the details. ♪ get to holiday fun faster with pillsbury cookie dough. >>> you don't have to spend a lot of money for a good bottle of wine. all it takes is about 12 bucks. >> our friend blind tasted 121 all around the country and compiled six. >> you do some spitting. 120 wines, even if you drink them all you'll be on the phone so you spit. the really good ones, you don't spit. >> what is the difference between $12 and $20? does it matter? >> eight bucks. >> great to have you. coming up next. no, go ahead. >> some of it is production costs, some is how much the land costs and some is brand identity. you can pay more, same way you pay more for armani than levis. this is a french wine called picpoul from the south of france. southern french wines are an extraordinary value. $9, $10, $11. this translatesed a lip stinger. >> i like that. >> there are g
covered by 90% of insurance plans, including medicare. find your co-pay at myflexpen.com. [ female announcer ] holiday cookies are a big job. everything has to be just right. perfection is in the details. ♪ get to holiday fun faster with pillsbury cookie dough. >>> you don't have to spend a lot of money for a good bottle of wine. all it takes is about 12 bucks. >> our friend blind tasted 121 all around the country and compiled six. >> you do some spitting. 120 wines, even...
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non-defense spending and come down to the least acceptable thing for everybody involved is reducing medicare spending. you want to know how to fix the fiscal cliff? you have to raise taxes on those 250 above and cap deductions and a cap in deductions on everybody loon looks to be marginally acceptable. we'll have a chance to talk about that chart later but i hear you have some interesting guests on this issue coming up. >> we're talking about that chart and will catch you up later. also the joint economic committee will hold a hearing on the fiscal cliff. can congress come up with a compromise before the looming deadline? senator robert casey and jec vice chairman tom brady joins us from texas. thank you for being here. you have a lot of things happening behind the scenes. senator casey, i know you have said what we're watching is a lot of drama and probably taking our eye off the ball in terms of what's happening. can you tell us if there's progress being made behind the scenes? >> i think there's a little bit too much attention paid to the back and forth every day. there's still a long way
non-defense spending and come down to the least acceptable thing for everybody involved is reducing medicare spending. you want to know how to fix the fiscal cliff? you have to raise taxes on those 250 above and cap deductions and a cap in deductions on everybody loon looks to be marginally acceptable. we'll have a chance to talk about that chart later but i hear you have some interesting guests on this issue coming up. >> we're talking about that chart and will catch you up later. also...
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and then they have to talk about how they're going to slash spending in medicare, to save medicare, how they'll have to slash spending in medicaid to save medicaid. their political problem on the other side of this tax debate is so much bigger than the republican problem. they're being too clever by half here. >> both sides have complicated hands. and if the democrats, we achieve what the president and some democrats in the senate are asking for in a narrow way around taxes, you're absolutely right. just as an aside on the bush era, this is the first time we didn't go to war where we didn't pay for it. some of the things the democrat said, not just taxes. you said that. >> which is why i'm glad that president obama had the courage to end the bush tax cuts two years ago -- oh, wait a second. i'll tell you what. you know what? >> i agree with you. >> extended them for two more years, but at least now he's got the nerve, the courage to do what democrats have been saying all along, and end the bush -- oh, wait a second. no. he's actually keeping 98% of them. huh. >> look, he's keeping it fo
and then they have to talk about how they're going to slash spending in medicare, to save medicare, how they'll have to slash spending in medicaid to save medicaid. their political problem on the other side of this tax debate is so much bigger than the republican problem. they're being too clever by half here. >> both sides have complicated hands. and if the democrats, we achieve what the president and some democrats in the senate are asking for in a narrow way around taxes, you're...
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and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ ok! it's a new way to get cash back deals and it's called bankamerideals. i sign in to my online banking... click the "cash back deals" tab... and pick the deals i want. i just use my bank of america debit or credit card when i pay. and then i get up to 15% cash back... put into my account! i know, right? [ male announcer ] introducinbankamerideals, free for online banking customers. sign in to your online banking to choose your deals today. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? [ male announcer ] this december, remember -- what starts with addi
and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ ok! it's a new way to get cash back deals and it's called bankamerideals. i sign in to my online banking... click the "cash back deals"...
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like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. call today. remember, all medicare supplement plans help cover some of what medicare doesn't pay -- expenses that could really add up. these kinds of plans could save you in out-of-pocket medical costs. you'll be able to choose any doctor w
like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of...
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get to holiday fun faster of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. >>> time for the ridiculist. i'm proud to present to you a very important message from the esteemed former senator, highly respected elder statesman directed to the youth of america. >> stop instagraming your breakfast and tweeting your first world problems and getting on youtube so you can see "gangnam style." ♪ gangnam style >> normally i would say when former senator allen simpson does it, it probably means "gangnam style" -- but the soda saves it. gives it a fresh twist. and there's more. >> start using those precious social media skills to go out and sign people up on this, three people a week. let it grow. don't forget, take part or get taken apart
get to holiday fun faster of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. >>> time for the ridiculist. i'm proud to present to you a very...
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let's keep medicare... and social security strong for generations to come. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. advil pm® or tylenol pm. the advil pm® guy is spending less time lying awake with annoying aches and pains and more time asleep. advil pm®. the difference is a better night's sleep. >>> an arrest of a death of a new york man pushed on the tracks and killed by a subway, tonight on "360" i'll talk to anothe
let's keep medicare... and social security strong for generations to come. i have obligations. cute tobligations, but obligations.g. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read...
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visit medicare.gov or call 1-800-medicare. so now's the time. living with moderate to semeans living with pain.is it could also mean living with joint damage. help relieve the pain and stop the damage with humira, adalimumab. for many adults with moderate to severe ra, humira is clinically proven to help relieve pain and stop joint damage. so you can treat more than just the pain. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma, or other types of cancer, have happened. blood, liver and nervous system problems, serious allergic reactions, and new or worsening heart failure have occurred. before starting humira, your doctor should test you for tb. ask your doctor if you live in or have been to a region where certain fungal infections are common. tell your doctor if you have had tb, hepatitis b, are prone to infections or have symptoms such as fever, fatigue, cough, or sores. you should not start humira if you have any kind of infection. ask your rheumatologist
visit medicare.gov or call 1-800-medicare. so now's the time. living with moderate to semeans living with pain.is it could also mean living with joint damage. help relieve the pain and stop the damage with humira, adalimumab. for many adults with moderate to severe ra, humira is clinically proven to help relieve pain and stop joint damage. so you can treat more than just the pain. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as...
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if we want to truly save medicare and social security, we've got to do something about it. that's what republicans have been proposing all along. we want to solve a problem once and for all. and that's why we haven't waited -- it's interesting that we're just now talking about it. but back in july, we passed legislation that would freeze the rates, deal with sequestration, make the cuts that needed to take place in spend sog we wouldn't be at this dilemma in december at this time. the president was on the campaign trail then. we thought he'd get off the campaign trail now and stop politics and start focusing on policy. >> can i ask you one last one quickly. the original across the board spending cut for sequestration was i believe $1.2 trillion. >> yes. >> in the republican proposal, you all seemed to have $200 billion as some kind of substitute. what's going to happen to the other trillion dollars in spending cuts that people expected? >> well, we believe you take care of it right now for a couple years. we're looking to not just solve this problem overall. we want to have
if we want to truly save medicare and social security, we've got to do something about it. that's what republicans have been proposing all along. we want to solve a problem once and for all. and that's why we haven't waited -- it's interesting that we're just now talking about it. but back in july, we passed legislation that would freeze the rates, deal with sequestration, make the cuts that needed to take place in spend sog we wouldn't be at this dilemma in december at this time. the president...
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medicare is at the center of it when it comes to the budget. we're going to have to do as much as possible to get on top of the fact that health care costs squeezing out the rest of the budget. that's true through the whole system, and we're going to have to fix the way that entitlement program works. in terms of what this means for the country, the whole issue here is are we going to leave the economy strong enough for the next generation? that's what this comes down to. what we're going now, we're making these short-term choices. we've been make them for years. we're spending more than we're willing to pay for, and we're basically saying to the next generation, here's the bill. and it's going to just undermine the strength of the economy. i should point out, we're not borrowing that to invest. we're borrowing that to consume. so as important as it is to avoid the fiscal cliff, what we really need to do is take this opportunity to put in place a big debt deal and also rethink the way that we do budgeting in this country to strengthen the econo
medicare is at the center of it when it comes to the budget. we're going to have to do as much as possible to get on top of the fact that health care costs squeezing out the rest of the budget. that's true through the whole system, and we're going to have to fix the way that entitlement program works. in terms of what this means for the country, the whole issue here is are we going to leave the economy strong enough for the next generation? that's what this comes down to. what we're going now,...
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like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. >>> finally, president obama and house speaker john boehner broke their silence today, they actually spoke on the phone. >> not much came of it, and they are not any closer to coming to an negotiation. the administration is ready to go off the cliff if is comes to that. so let's talk about the politics involved with paul bigala. hello, gentleman, paul, you have the treasury secretary saying today they're absolutely prepared to go over the cliff if it comes to that if the republicans don't give on raising tax rates, isn't that a
like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and...
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like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. call today. remember, all medicare supplement plans help cover some of what medicare doesn't pay -- expenses that could really add up. these kinds of plans could save you in out-of-pocket medical costs. you'll be able to choose any doctor w
like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of...
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medicaid and medicare are much bigger problems. we can raise it or also increase the tax on people who make over $106,000. >> listen be, coffee lovers. try not to choke on that peppermint mocha latte. we'll tell you about that new $450 starbucks gift card, entirely made of steel. someone down here said it probably should be made of gold given that price. would you ever consider giving that as a gift or buying something like that? >> i've paid up for premium services, v.i.p. tickets at conferences -- concerts. there's a market for v.i.p. services. remember the platinum card? 10 or 12 years ago, platinum card wasn't good enough for the world. american express introduced the black card. that was the thing to have. you needed a high net worth. that thing is still out there. there is always a market for these kinds of services. >> but in this economy, a $450 gift card. >> i bad a bunch paid a stupid f money to see the rolling stones. my wife laughed at me but i love the rolling stones so i'm willing to pay a bunch. fine. >> my thing wit
medicaid and medicare are much bigger problems. we can raise it or also increase the tax on people who make over $106,000. >> listen be, coffee lovers. try not to choke on that peppermint mocha latte. we'll tell you about that new $450 starbucks gift card, entirely made of steel. someone down here said it probably should be made of gold given that price. would you ever consider giving that as a gift or buying something like that? >> i've paid up for premium services, v.i.p. tickets...
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should we end the medicare guarantee for our seniors and the next generation? well, those big questions were discussed, argued and clear positions were taken, and voters went to polling places on election day to render their verdict. and, mr. president, the outcome was clear. candidates who stood up for the middle class won. candidates who advocated for our seniors came out ahead. and in exit polls across the country, voters made very clear that they strongly supported the idea that the wealthy should pay higher tax rates and their fair share. and everyone -- democrat, republican, independent, wealthy, low income, middle class, students, workers, retirees, older, younger and inbetween -- everyone, everyone supports extending the tax cuts for the middle class. nobody thinks that the taxes should go up for 98% of our workers and 97% of our small business owners. so, mr. president, this ought to be easy. the american people just weighed in supporting a continuation of the bush tax cuts for the middle class. it's a policy democrats and republicans agree on. and it
should we end the medicare guarantee for our seniors and the next generation? well, those big questions were discussed, argued and clear positions were taken, and voters went to polling places on election day to render their verdict. and, mr. president, the outcome was clear. candidates who stood up for the middle class won. candidates who advocated for our seniors came out ahead. and in exit polls across the country, voters made very clear that they strongly supported the idea that the wealthy...
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why do you have to kick people out of medicare? and their answer is, if they were honest, to protect the billionaires and the millionaires, because that's what it's about. we know it. it's a fact in evidence. i've got to say we owe more to the american people. we need to find a way back to the fiscal responsibility and the economic growth that we had when bill clinton was president. i served with five presidents already. it's amazing, in my time in the congress. and i have seen people come together at crisis moments when social security needed to be strengthened, when medicare needed to be strengthened, when we had deficits as far as the eye could see and we would have to resolve it. i have seen all that happen. and i will say we have got 27 days left to see something good happen on this fiscal cliff. you know, when people tell you oh, it's very complicated, don't believe it. don't believe it. it's not complicated. there are several parts to this fiscal cliff. the biggest one is that the bush-era tax cuts are expiring on 100% of th
why do you have to kick people out of medicare? and their answer is, if they were honest, to protect the billionaires and the millionaires, because that's what it's about. we know it. it's a fact in evidence. i've got to say we owe more to the american people. we need to find a way back to the fiscal responsibility and the economic growth that we had when bill clinton was president. i served with five presidents already. it's amazing, in my time in the congress. and i have seen people come...
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do you know that medicare and medicaid didn't exist 50 years ago and they're now a quarter of the federal budget? >> i know. it was supposed to be supplemental. david walker was on the other day talking about obama care which is supposed to save us a trillion dollars and the actual cost, what it added the our entitlement is 12 trillion. just that we did in the last two years. or whenever it was. >> but in terms of where we are now in this negotiation, i believe that both sides in the final analysis want a deal and the compromise is in the revenue side for the president and potentially rates which i think he's serious on and real entitlement reform for the republicans and the american people, markets, business, confidence, the able to move forward in 2013 is all a function of doing both of the things you talk about, joe. having an agreement to avoid the debt, the fiscal cliff, and then having a down payment on actually getting the $4 trillion identified. >> howard dean is a deficit hawk. liberal, but he is a deficit hawk. he doesn't say maybe if we can't get a deal together, maybe we'd be
do you know that medicare and medicaid didn't exist 50 years ago and they're now a quarter of the federal budget? >> i know. it was supposed to be supplemental. david walker was on the other day talking about obama care which is supposed to save us a trillion dollars and the actual cost, what it added the our entitlement is 12 trillion. just that we did in the last two years. or whenever it was. >> but in terms of where we are now in this negotiation, i believe that both sides in...
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and paul ryan doesn't want to be the grinch that stole medicare. paul ryan is standing there right now. what do you think? are these guys going to succeed? are they the future? >> if i was paul ryan, i would want to be something else. if i was selected vice president and i got slaughtered in my -- and my candidate got slaughtered in my home state, i would be looking to have a makeover also. i don't blame him. i think that senator rubio could run on anything he wants. i agree. if he wants to run on economic expertise, perceived economic expertise, it's a good thing for him to do it. he should do that. it's apparently what he believed before. if he wants to change his mind, that's his business too. i don't fault any of these guys. and 2016, the political commentators, the more politics, the better it is. >> looks like we're starting tonight, james ryan. >> yeah, all for it. he's great. >> this is actually a really interesting development, in my view. i think if you're looking at paul ryan, one thing you hear from folks in the ryan camp, is that he wa
and paul ryan doesn't want to be the grinch that stole medicare. paul ryan is standing there right now. what do you think? are these guys going to succeed? are they the future? >> if i was paul ryan, i would want to be something else. if i was selected vice president and i got slaughtered in my -- and my candidate got slaughtered in my home state, i would be looking to have a makeover also. i don't blame him. i think that senator rubio could run on anything he wants. i agree. if he wants...
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like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. >> greta: a store worker turns the tables on an armed robber. devin mcclain and his manager were getting ready to close a virginia auto zone shop when a gunman burst in. while the suspect forced the manager to open the safe, mcclain sneaked out and grabbed a gun from his truck. then he went back into the store, scared off the robber with his gun, and saved his boss's life. sounds like a good thing, right? well, the corporate brass didn't think so. mcclain got fired. why? well, devin mcclain is here to tell us. nice to see you. >> how you doing tonight? >> greta: well, your manager must like you, but corporate brass fired you. why did they fire you? >> well, they fired me because i reentered the store with
like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. >> greta: a store worker turns the tables on an armed robber. devin mcclain and his manager were getting...
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lloyd bank blankfein about his suggestions for raising the retirement age for social security and medicare we've also heard from atmos c.e.o. mark hurd a leni who also argued for raising the retirement age and means testing social security medicare benefits essentially turning those programs in a welfare programs in fact seventy one c.e.o.'s have joined together as part of a so-called fix the debt coalition to call for cuts to social safety net programs instead of higher taxes on rich people like themselves and as the institute for policy studies discovered there's a good reason why these c.e.o.'s want to target social safety nets like social security and good reason is they don't need them they're all sitting on massive retirement assets averaging over nine million dollars each by bank blankfein himself has nearly twelve million dollars in retirement assets it's easy to call for cuts to social security when you know you'll never need it. well in washington d.c. this morning the so-called fix the debt coalition invited republican senator rob portman for a panel discussion on how the debt c
lloyd bank blankfein about his suggestions for raising the retirement age for social security and medicare we've also heard from atmos c.e.o. mark hurd a leni who also argued for raising the retirement age and means testing social security medicare benefits essentially turning those programs in a welfare programs in fact seventy one c.e.o.'s have joined together as part of a so-called fix the debt coalition to call for cuts to social safety net programs instead of higher taxes on rich people...
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and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. d bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. aww, not the mall. well, i'll do the shopping... if you do the shipping. shipping's a hassle. i'll go to the mall. hey. hi. y'know, holiday shipping's easy with priority mail flat rate boxes from the posl service. if it fits, ithips anywhere in the couny for a low flat rate. yeah, i know. oh, you're good. laughing ] good
and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches...
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a good senior citizen there not one suspended social security medicaid medicare we cannot. tell you what sounds like from our panelists if there. were no women then the last thing he didn't last. the. if you were to reduce. their. retirement you know. that you. are. you're in a grown not for the economy we're going to grow and that's. really really good. stuff the car going to be good. not sell the cars the earnings are going to be i. think corporate america got the message but we know at least one guy didn't instead he was apparently angry that is speaking fee from the heritage foundation wouldn't get paid which he seems to say here would screw up things for his kids. i know you know i mean i don't know if you can. i mean i don't know if girls through age got all that money in the or in the ruble doesn't always guard you're going up paying for my kid and these are the real people here that night amount there's not for the record that was ed. who attack one of the protesters he's a millionaire a former executive a drug giant pfizer former health care lobbyist and a current
a good senior citizen there not one suspended social security medicaid medicare we cannot. tell you what sounds like from our panelists if there. were no women then the last thing he didn't last. the. if you were to reduce. their. retirement you know. that you. are. you're in a grown not for the economy we're going to grow and that's. really really good. stuff the car going to be good. not sell the cars the earnings are going to be i. think corporate america got the message but we know at least...
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but led's look at the medicare argument. if you're a single man born in 1945, that means you're approaching 70, on medicare. if you made about $20,000 a year during your career, that was your average, then in medicare taxes, you paid about $18,000, roughly $18,000 to $20,000 in taxes. if you made about $110,000 a year in your career, you paid about $88,000 to the government in medicare taxes. that's what you paid in. a lot of conservatives are saying you need to change the program. this is one of the reasons why. this is what you get out. if you paid $18,000, you're getting ten times out over the course of your lifetime in benefits. you paid about $88,000 in, you're getting a 2-1 deal, more than $200,000 in benefits. so conservatives and republicans say we've got to change this program somehow. we have to take some money out of medicare, reduce the costs. here's one of the reasons that's essential. if you look through the '70s, '80s, '90s, even up to now, the green is the revenue, the red line is the cost. roughly the money
but led's look at the medicare argument. if you're a single man born in 1945, that means you're approaching 70, on medicare. if you made about $20,000 a year during your career, that was your average, then in medicare taxes, you paid about $18,000, roughly $18,000 to $20,000 in taxes. if you made about $110,000 a year in your career, you paid about $88,000 to the government in medicare taxes. that's what you paid in. a lot of conservatives are saying you need to change the program. this is one...
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they want to raise the age of eligibility for medicare, thereby cutting medicare and hurting a lot of people. they want to cut a lot of spending. they are not clear what spending they want to cut. they just know that a lot of it is domestic discretionary spending. a lot of the programs that they depend on and yet they refuse to raise tax rates on the rich. we have been here before. this is deja vu all over again. >> how troubling is it to you when you hear john boehner not protect the mortgage interest? i mean, that tells me that they are going to go wherever they have to go to the middle class to get the money. >> well not only are they going to go after the middle class, they are obviously going to go avenue the middle class because given that we have a large budget deficit down the road and given that if we don't want to and they don't want to cut military spending, what's left? they will have to cut programs beneficial to the middle class. this is another example, this is a continuation of the war on the middle class that they started years ago. now it's becoming clear for everybo
they want to raise the age of eligibility for medicare, thereby cutting medicare and hurting a lot of people. they want to cut a lot of spending. they are not clear what spending they want to cut. they just know that a lot of it is domestic discretionary spending. a lot of the programs that they depend on and yet they refuse to raise tax rates on the rich. we have been here before. this is deja vu all over again. >> how troubling is it to you when you hear john boehner not protect the...